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R-2-Autarky

NH-Breakout & Retest

Long
NARAYANA HRUDAYALA (NSE:NH)  
R-2-Autarky Updated   
NSE:NH   NARAYANA HRUDAYALA
Trend Analysis Technical Indicators narayanahrudayala
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trendanalysis indicator narayanahrudayala
NHL Breakout & Retestdone.

Buy above the Resistance turned support zone . Targets are indicated in the chart.

Logic
-UPtrend & 3 VCPs patternabove 21 EMA
- Breakout with volume & Retest done.
- Volume squeze during 3VCPs formation.
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Comment: My view is still valid, As the volume in every fall is decreasing. STOP Loss 480, day closing basis
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